Question: Question 1 (1 point Present Future Value: You are saving to buy a car in five years, your money gets 5 percent interest. You need
Question 1 (1 point Present Future Value: You are saving to buy a car in five years, your money gets 5 percent interest. You need 53000 for a down payment. How much do you need to deposit today so that it reaches 3000 in five years? Blank 1: Question 2 tt pont Compound Interest: 5815 at 6.15% interest compounded semi-annually for 43 years. How much will be in the account at the end of the time period? Blank 1
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